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Friday, 12 February 2016

The last week on Financial Orbit

Well that was a volatile last week - and in keeping with such fluctuating movements just as a global index bear market was called after the US market closed on Thursday...a big up day (outside of Japan) resulted on Friday.

Financial Orbit Macro chronicled every business day morning the evolving macroeconomic scene. My favourite charts of the week? Probably the two below highlighting value on a price: book basis versus history...

(h/t @callum_thomas)

...but are investors optimistic about prospects? Actually...not at all:

(h/t @MktOutperform)

Add onto this big fluctuations in the Japanese yen, fear in the financial sector, the world's leading central banker in an extended question and answer session and a rampant gold price equated to fascinating times as covered by Financial Orbit Macro.

The last week or so has been a very heavy corporate results period with multiple numbers and related updates for Financial Orbit Stocks to appraise. Among the stocks and themes covered in the once a business day updates on the two Financial Orbit preferred lists included:

'mention of today’s excellent Randgold Resources numbers'

'updates from Nokia
and Thomas Cook are worth
reviewing.Additionally some insights
for BHP Billiton from Rio Tinto numbers and thoughts on AP Moeller-Maersk whose results I wrote
up yesterday'